Stock Markets Hold Steady
Amid Mixed Earnings News

By

Robert O'Brien Dow Jones Newswires

Updated June 18, 2002 9:55 p.m. ET

NEW YORK -- Sometimes success on Wall Street is more a matter of managing expectations than it is making any real accomplishments.

With market averages widely expected to slump in Tuesday's trading following Monday's unexpectedly successful session -- a pattern that has played out repeatedly during the past several weeks -- the stock market drew grudging admiration for simply staying put.